Charles Darwin University Act 2003

(1) A member of the Council who has a direct or indirect pecuniary interest in:

(a) a matter being considered or about to be considered at a meeting of the Council; or

must, as soon as possible after the relevant facts come to his or her knowledge, disclose the nature of the interest at a meeting of the Council.

(2) Subsection (1) does not apply if the interest is held as a member of, and in common with the other members of, a corporation consisting of not less than 25 members and of which the member is not a director.

(c) has some other specified interest relating to a specified corporation, body or person,

is taken to be a sufficient disclosure of the nature of the interest in any matter or thing relating to the company, body or person that may arise after the date of the disclosure.

(a) particulars of all disclosures made under this section are recorded in a book; and

(b) the book is able to be inspected at all reasonable times by a person after paying the fee, if any, determined by the Council.

(5) A member of the Council who has, or is taken to have disclosed, the nature of an interest must not:

(a) be present during any deliberation of the Council, or take part in a decision of the Council, in relation to a matter to which the disclosure relates; or

(b) perform a function under this Act in relation to a matter to which the disclosure relates.

(6) Subsection (5) does not apply if the Council (in the absence of the member) determines otherwise.

Council includes a committee of the Council.